So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often.

Your hash rate should be stable - it will fluctuate slightly depending on individual worker luck - but if you had about 2 GH/s last week, then you should still have 2 GH/s this week. This is regardless of difficulty increases, increases in the pool hash rate or increases in the network has rate.

That is the easy bit - your own hash rate is a relative constant.

Absolutely agree. I just want to add that if you have connection problems or the machine is by some reason lagged/busy (you play games or watching a movie) - you may expect some drops in your hashrate.

Another case is if you are load balancing between several pools (like me) - you may see quite a lot of fluctuations in hashrate per pool, based on connection delay to the pool, because of routing or busy (hence slow) server

Digital, you mentioned virwox as one of you're btc selling sites of choice. Does it take a while to get usd out of there? I've got a bunch in BTC-E i'm gonna unload when the price recovers and need a better/faster place to dump some coins. Thanks in advance.

Not at all. But only if you use paypal.

I always use paypal. Usually it takes a couple hours total. And that includes confirmations.

Here's the process (it was a little confusing for me at first):

You deposit btc into your virwox wallett, wait for them to confirmSell the BTC for SLLSell the SLL for USDWithdraw the USD via paypal.

Sometimes there is a delay before the paypal transaction gets proessed, but I've never had the total process take more than 6 hours. And it works just as easy in reverse. In my opinion it's the best way to buy and sell btc via paypal.

EDIT: Fair warning though, it tends to be a little more pricey than waiting. But for me it's worth the extra cost for getting my money (or btc) fast.

Awesome!! Thanks for the advice on the steps to process the transaction. The speed i can withdraw my money is worth it to me as well. Looks like a nice alternative to the time intensive process i've been thru with coinbase. Thanks again!

Also wanted to to say that the difficulty increases are simply an indicator that the overall network hash rate is increasing. Each bitcoin block is, by design, meant to be found every 10 minutes on average. If a load of new asic miners come online, then clearly that 10 mins will become 8 mins or 7 say. So 'they' increase the difficulty so that we are back to on average 1 block per 10 mins.

The difficulty changes are designed to keep blocks being found at a steady pace. So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be. It's all about math. And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks. So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often.

er I misread........

DIFF with NOT effect your worker hashrate.Is it HOTTER in your area today? are you mining GPU's? look at the AMD Application does it say your GPU is locked at 95%?when temps go up the AMD application does odd things. it will lock the GPU at a certain % or the card itself will cut the power etc etc...

The difficulty changes are designed to keep blocks being found at a steady pace. So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be. It's all about math. And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks. So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often.

no. the person that replied to you did not understand or fully read what your said as their reply was correct but did not answer your question. DIFF with NOT effect your worker hashrate.Is it HOTTER in your area today? are you mining GPU's? look at the AMD Application does it say your GPU is locked at 95%?when temps go up the AMD application does odd things. it will lock the GPU at a certain % or the card itself will cut the power etc etc...

umm I am 'the person' and I think I did understand - but thanks for your post

The difficulty changes are designed to keep blocks being found at a steady pace. So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be. It's all about math. And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks. So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often.

no. the person that replied to you did not understand or fully read what your said as their reply was correct but did not answer your question. DIFF with NOT effect your worker hashrate.Is it HOTTER in your area today? are you mining GPU's? look at the AMD Application does it say your GPU is locked at 95%?when temps go up the AMD application does odd things. it will lock the GPU at a certain % or the card itself will cut the power etc etc...

umm I am 'the person' and I think I did understand - but thanks for your post

The difficulty changes are designed to keep blocks being found at a steady pace. So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.

That's how we can predict when the next block halving will be. It's all about math. And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks. So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.

So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often.

nottm28 covered it in pretty good detail, but yeah you should see the same hashrate, but with a little LOWER payout, just as often. At least in the current circumstances, where the total hash rate keeps going up.

And keep in mind, this is all talking in averages. There will be variance in all the numbers, but they even out over time.

Well the problem isn't on my end. My side is showing a constant hashrate, but I've most definitely dropped in Slush's "average". It estimates approximately 600 MH/s less than what I'm putting out. Do I need to restart all my workers? What's up?